Target Data Security Media Update #3

December 24, 2013

On the afternoon of December 23, Tim Baer, Target’s EVP and General Counsel, hosted a call for attorneys general across the country to discuss the recent data breach that impacted Target guests in the United States. The majority of state offices were in attendance on the call. We felt it was important to proactively bring this group together to provide them with information about the issue and answer their questions as well as those of their constituents, who are our guests. We are committed to keeping the attorneys general informed as the ongoing investigation moves forward and will host a follow up call with them the week of January 6.

We confirmed yesterday that we are actively partnering with the Secret Service and United States Department of Justice. We want to be clear that neither entity is investigating Target. Rather, we are partnering with both on the ongoing forensic and criminal investigation.

We are aware of limited incidents of phishing or scam communications. To help our guests feel confident that what they are hearing from Target is really from us, we are in the process of setting up a dedicated resource on our corporate website where we will post pdfs of all official communications that Target sends to our guests. We expect that to post later this afternoon.

We continue to work around the clock, including Christmas, to address the questions and concerns of our guests. We will continue to provide updates as they become available.